A U.S. court awarded Shark Tank star Kevin O’Leary $2.8 million in damages 
after ruling against crypto influencer Ben “Bitboy Crypto” Armstrong in a 
defamation case. Failed Attempt to Overturn Judgment A U.S. court has ordered 
entrepreneur and television personality Kevin O’Leary to be paid $2,828,000 in 
damages after ruling against crypto influencer Ben “Bitboy […]

US Court Awards Kevin O’Leary $2.8M in Defamation Case Against ‘Bitboy Crypto’

Bitcoin’s ongoing correction is pulling large holders back onto centralized 
venues, with CryptoQuant data showing a sharp jump in whale-dominated inflows 
to Binance. At the same time, derivatives positioning continues to unwind, 
reinforcing the picture of a market de-risking across both spot and futures. 
Bitcoin Whale Share Of Inflows Spikes On Binance CryptoQuant contributor 
Darkfost (@Darkfost_Coc) said Binance is seeing a notable rise in whale 
activity as the drawdown pressures participants “from retail participants to 
whales and even institutions.” His focus was the “whale inflow ratio,” a 
metric that compares BTC inflows from the 10 largest transactions against 
total exchange inflows, smoothed using a weekly average to reduce the impact 
of one-off transfers. “According to the whale inflow ratio, we are seeing a 
clear surge in whale activity on Binance, reflecting a specific dynamic in the 
market,” Darkfost wrote. “This ratio is calculated by comparing BTC inflows 
from the 10 largest transactions to total inflows. Using a weekly average 
helps reveal a clearer trend, filtering out noise from isolated, exceptional 
transactions.” Related Reading: 46% Of Bitcoin Supply Now In Loss—What It 
Could Take For A Bottom Between Feb. 2 and Feb. 15, Darkfost said the ratio 
rose from 0.4 to 0.62, implying that a larger share of inbound BTC to Binance 
is now coming from a small set of large transfers. While the metric doesn’t 
prove intent, a higher concentration of whale inflows is often read as an 
increase in potential sell-side supply sitting on exchange order books, 
particularly during risk-off stretches. “It is important to note, however, 
that this reflects an increase in their share of inflows, which can be 
interpreted as rising sell-side pressure in the market,” he added. Darkfost 
also flagged that some of the activity may be linked to a specific entity. 
“Part of these inflows can be attributed to a well-known whale, believed to be 
Garrett Jin. Nicknamed 19D5 or ‘the Hyperunit whale,’ this whale has been 
particularly active on Binance recently, moving close to 10,000 BTC onto the 
platform.” He framed the broader context as a liquidity and venue-choice story 
rather than a single wallet-driven anomaly, arguing that multiple whales have 
been sending “significant amounts of BTC” to Binance, aided by its depth while 
uncertainty pushes investors to reassess exposure. Derivatives Unwind Adds To 
Pressure In a separate post, Darkfost argued the derivatives market 
contraction that followed the cycle’s top remains a central feature of the 
current tape. “Analyzing Bitcoin open interest across exchanges highlights how 
severely the derivatives market has contracted since the last all time high 
and the October 10 sell off,” he wrote, adding that speculation “reached 
unprecedented levels.” Related Reading: Bitcoin Capitulation Or Buy Zone? What 
On-Chain Data Shows Right Now He pointed to prior peaks in BTC-denominated 
open interest on Binance: 94,300 BTC after the November 2021 peak versus 
120,000 BTC at the October 2025 market top and said aggregate open interest 
across all exchanges rose from 221,000 BTC in April 2024 to 381,000 BTC at the 
cycle peak. Since that top, he said open interest has fallen in almost every 
month, including a sharp Oct. 6–Oct. 11 drawdown when Binance open interest 
dropped 20.8%, while Bybit and Gate.io each posted 37% declines. The 
contraction has continued, with Binance down another 39.3%, Bybit down 33%, 
and BitMEX down 24%, according to Darkfost. His takeaway is that the market is 
still in a risk-reduction phase, whether voluntary or forced by liquidations 
amid volatility. “Overall, this environment indicates that investors are 
actively reducing exposure, cutting risk, or being forced out through 
liquidations driven by ongoing volatility,” he wrote. “Under these conditions, 
it is difficult to envision Bitcoin stabilizing sustainably and reigniting a 
bullish trend in the short term.” At press time, BTC traded at $67,823. 
Featured image created with DALL.E, chart from TradingView.com

Bitcoin Whales Flood Binance As Correction Deepens: On-Chain Data Shows

Silver&#8217;s increasing value is tied to its critical role in solar panel 
production. The supply of silver is largely inelastic, meaning price increases 
don&#8217;t quickly boost supply. Eastern demand for precious metals is driven by 
concerns over currency stability.
The post Alex Campbell: Silver&#8217;s soaring demand fuels renewable energy | Forward Guidance appeared first on Crypto Briefing.

Alex Campbell: Silver’s soaring demand fuels renewable energy | Forward Guidance

Michael Saylor&#8217;s Strategy bought 2,496 Bitcoin (BTC) last week for $168 
million. This purchase brought its total holdings to 717,131 coins, which are 
now valued at close to $50B

Strategy buys 2,486 BTC as a rare pattern points to a Bitcoin price crash

The appointments add traditional finance and institutional crypto experience 
as the layer-1 blockchain scales its post-launch strategy.

Cryptocurrency price in KWD